Paul Samuelson
Overview
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
, and the first American to win the Nobel Memorial Prize in Economic Sciences
Nobel Memorial Prize in Economic Sciences
The Nobel Memorial Prize in Economic Sciences, commonly referred to as the Nobel Prize in Economics, but officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel , is an award for outstanding contributions to the field of economics, generally regarded as one of the...
. The Swedish Royal Academies
Swedish Royal Academies
The Royal Academies are independent organisations, founded on Royal command, that act to promote the arts, culture, and science in Sweden. The Swedish Academy and Academy of Sciences are also responsible for the selection of Nobel Prize laureates in Literature, Physics, Chemistry, and the Prize in...
stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory." Economic historian Randall E. Parker calls him the "Father of Modern Economics", and The New York Times
The New York Times
The New York Times is an American daily newspaper founded and continuously published in New York City since 1851. The New York Times has won 106 Pulitzer Prizes, the most of any news organization...
considered him to be the "foremost academic economist of the 20th century."
He was author of the largest-selling economics textbook of all time: Economics: An Introductory Analysis
Economics (textbook)
Economics is an influential introductory textbook by American economists Paul Samuelson and William Nordhaus. It was first published in 1948, and has appeared in nineteen different editions, the most recent in 2010. It was the best selling economics textbook for many decades and still remains...
, first published in 1948.
Discussions